Lithuania - Upholstered Seats With Wooden Frames - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Wooden Frame Upholstered Seat in Lithuania - 2023
Contents:
- Price for Wooden Frame Upholstered Seat in Lithuania (FOB) - 2023
- Price for Wooden Frame Upholstered Seat in Lithuania (CIF) - 2023
- Exports of Wooden Frame Upholstered Seat in Lithuania
- Imports of Wooden Frame Upholstered Seat in Lithuania
Price for Wooden Frame Upholstered Seat in Lithuania (FOB) - 2023
The average wooden frame upholstered seat export price stood at $255 per unit in November 2023, waning by -1.8% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 9.6% against the previous month. As a result, the export price attained the peak level of $272 per unit. From May 2023 to November 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Norway ($285 per unit), while the average price for exports to Finland ($182 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wooden Frame Upholstered Seat in Lithuania (CIF) - 2023
The average wooden frame upholstered seat import price stood at $221 per unit in November 2023, waning by -11.7% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 19% against the previous month. Over the period under review, average import prices reached the maximum at $276 per unit in February 2023; however, from March 2023 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Italy ($1,237 per unit), while the price for China ($110 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Poland (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wooden Frame Upholstered Seat in Lithuania
In 2022, after three years of growth, there was significant decline in overseas shipments of upholstered seats with wooden frames, when their volume decreased by -22.1% to 1.9M units. The total export volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 25% against the previous year. Over the period under review, the exports attained the maximum at 2.4M units in 2021, and then contracted markedly in the following year.
In value terms, wooden frame upholstered seat exports shrank sharply to $421M in 2022. The total export value increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28%. As a result, the exports attained the peak of $497M, and then dropped remarkably in the following year.
| Export of Wooden Frame Upholstered Seat in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 97.6 | 96.1 | 117 | 88.8 | -3.1% |
| Denmark | 78.4 | 86.4 | 107 | 88.4 | 4.1% |
| Norway | 62.8 | 63.4 | 77.1 | 70.7 | 4.0% |
| Germany | 22.2 | 22.9 | 32.4 | 29.6 | 10.1% |
| Finland | 17.8 | 21.5 | 26.5 | 24.6 | 11.4% |
| France | 18.3 | 14.0 | 16.8 | 18.0 | -0.5% |
| Netherlands | 23.4 | 23.8 | 33.3 | 16.4 | -11.2% |
| Poland | 6.5 | 14.3 | 20.4 | 15.0 | 32.1% |
| United Kingdom | 4.5 | 2.7 | 11.5 | 14.7 | 48.4% |
| Estonia | 1.8 | 1.7 | 4.2 | 7.9 | 63.7% |
| Belgium | 8.0 | 8.4 | 10.3 | 7.5 | -2.1% |
| Others | 35.0 | 34.6 | 40.3 | 39.5 | 4.1% |
| Total | 376 | 390 | 497 | 421 | 3.8% |
Top Export Markets for Wooden Frame Upholstered Seat from Lithuania in 2022:
- Sweden (495.6K units)
- Denmark (340.4K units)
- Norway (263.1K units)
- Finland (207.1K units)
- Germany (155.7K units)
- Poland (80.1K units)
- Netherlands (61.8K units)
- France (61.0K units)
- Belgium (37.8K units)
- Estonia (37.6K units)
- United Kingdom (34.4K units)
Imports of Wooden Frame Upholstered Seat in Lithuania
In 2022, purchases abroad of upholstered seats with wooden frames decreased by -14.3% to 134K units, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 29%. As a result, imports attained the peak of 178K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, wooden frame upholstered seat imports expanded remarkably to $30M in 2022. The total import value increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 11% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Wooden Frame Upholstered Seat in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 8.3 | 9.0 | 9.9 | 10.9 | 9.5% |
| Italy | 2.9 | 4.7 | 3.9 | 6.0 | 27.4% |
| Sweden | 1.4 | 1.2 | 2.2 | 2.9 | 27.5% |
| Ukraine | 3.1 | 3.5 | 3.3 | 1.8 | -16.6% |
| China | 2.1 | 1.5 | 2.8 | 1.2 | -17.0% |
| Latvia | 0.7 | 0.7 | 0.4 | 0.9 | 8.7% |
| Turkey | 0.2 | 0.4 | 0.6 | 0.8 | 58.7% |
| Estonia | 1.7 | 1.6 | 1.1 | 0.8 | -22.2% |
| Belarus | 0.2 | 0.2 | 0.5 | 0.5 | 35.7% |
| Romania | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Others | 3.2 | 3.8 | 3.7 | 4.1 | 8.6% |
| Total | 24.1 | 26.8 | 28.6 | 30.2 | 7.8% |
Top Suppliers of Wooden Frame Upholstered Seat to Lithuania in 2022:
- Poland (76.0K units)
- Sweden (11.7K units)
- Ukraine (10.9K units)
- Latvia (5.5K units)
- Italy (4.9K units)
- China (3.8K units)
- Turkey (3.5K units)
- Belarus (3.5K units)
- Estonia (3.2K units)
- Romania (2.5K units)
This report provides an in-depth analysis of the market for wooden frame upholstered seat in Lithuania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 31001250 - Upholstered seats with wooden frames (including three piece suites) (excluding swivel seats)
Country coverage:
- Lithuania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Lithuania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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